Business Overview:
The purchase of this passively owned firearm store includes $1.2M of inventory guaranteed by current ownership! While many retail stores were hit hard by covid restrictions in recent years, this location has not only survived but thrived after doubling in cash flow and increasing their profit margin to 20%! Current staff consists of 1 part-time and 5 full-time workers including a general manager who fully handles business operations. Located in Pennsylvania, the current local customer base is very diverse including local law enforcement agencies, first responders, military personnel, hunters, recreational shooters, and individuals seeking home protection. Thankfully, the store has a wide variety of available products to meet these demands including ammunition, scopes, sites, holsters, safes, and new and used rifles, handguns, and shotguns. In addition to these inventory availabilities, they offer such services as gun trading, gunsmithing and cleaning, off-season storage preparation, scope installation, night sight installation, total tear down and reassembly, and function checks. With the aforementioned inventory and services, an outstanding reputation built on customer services, and their established and knowledgeable staff this business is primed for a new owner to step in and enjoy the spoils of an annual cash flow over $1M.
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Market Competition and Expansion:
Growth Opportunities: Work with more distributors (the business currently has memberships with 12 distributors, but only works with 3) – working with more would allow for more online sales
Reason for Selling:
Retirement Planning.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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